The overall gas sensors market is expected to be valued at USD 1,297.6 million by 2023, growing at a CAGR of 6.83% between 2017 and 2023.
The major factors driving the growth of the gas sensors market include increasing enforcement of occupational health and safety regulations by the government, MEMS-based sensors, development of miniaturized wireless sensors, and increasing awareness of air quality control among users. Advanced technologies, e.g., MEMS-based fabrication of sensors create the opportunity for the gas sensors market to grow. This technology has enabled miniaturization, production in high volume, and low-cost integration with electronics.
The gas sensors market for the oil & gas industry is expected to account for the largest market share by 2023 as a result of increasing oil & gas projects, replacement of obsolete sensors, and continuously increasing demand from oil & gas industries from emerging economies. Increasing shale gas production in the US will also drive the gas sensors market in the US.
The consumer electronics segment is expected to grow at the highest rate as gas sensors are expected to be integrated into smartphones, tablets, and wearable devices to detect gases such as alcohol, carbon monoxide, carbon dioxide, nitrogen dioxide, and VOCs.
- AMS AG
- Amphenol Corporation.
- Bosch Sensortec GmbH
- City Technology Ltd.
- Drgerwerk AG & Co. KGaA
- FIS Inc.
- Figaro Engineering Inc.
- Gas Sensing Solutions
- Integrated Device Technology Inc.
- Membrapor AG
- Mettler-Toledo International Inc.
- Microsens SA
- NGK Spark Plug
- Nemoto Sensor Engineering Company Limited
- Senseair AB
- Spec Sensors
- Techcomp (Singapore) Pte Limited.
- Wise Sensing Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 MEMs Gas Sensor
8 Gas Sensors Market, By Technology
9 Gas Sensors Market, By Gas Type
10 Gas Sensors Market, By End-Use Application
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
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